Chapter 1

Question 1

What is the Guide to the Project Management Body of Work

Answer 1

The PMI publication that defines publicly accepted Project Management practices. The CAPM and the PMP exams are based on this book

Question 2

Application areas

Answer 2

The areas of expertise, industry, or function where a project is centered. Examples of application areas include architecture, IT, Healthcare, and manufacturing

Question 3

Certified Associate in Project Management(CAPM)

Answer 3

A person who has slightly less project management experience than a PMP, but who has qualified for and then passed the CAPM examination.

Question 4

Cultural and Social Environment

Answer 4

Defnes how a project affects people and how those people may affect the project. Cultural and social environments include the economic. educational, ethical, religious, demographic, and ethnic composition of the people affected by the project.

Question 5

Deliverable

Answer 5

A product, service or result created by a project. Projects can have multiple deliverables.

Question 6

General Management Skills

Answer 6

These include the application or accounting, procurement, sales and marketing, contracting, manuufacturing, logistics, strategic planning, human resources management, standards and regulations, and information technology.

Question 7

International and political environment

Answer 7

The consideration of the local and international laws, languages, communication challenges, time zone differences and other non-collateral issues that affect a projects ability to progress

Question 8

Interpersonal Skills

Answer 8

The abilty to interact, lead, motivate, and manage people

Question 9

Iron Triangle of Project Management

Answer 9

A triangle with the characteristics of time, cost and scope, Time, cost and scope each constitute one side of the triangle. If any side of the triangle is not in balance with the other sides the project will suffer. The Iron Trangle of Project Management is also known as the Triple constraints of Project Management, as all projects are constrained by time, cost and scope.

Question 10

Physical environment

Answer 10

The physical structure and surroundings that affect project work

Question 11

Program

Answer 11

A collection of related projects working in unison towards a common deliverable.

Question 12

Progressive eloaboration

Answer 12

The process of gathering project details . This process uses deductive, reasoning, logic, and a series of information gathering techniques to identify detalis about a project, product, or solution.

Question 13

Project

Answer 13

A temporary endeavor to create a unique product, service or result. The end result of a project is called a deliverable.

Question 14

Project environment

Answer 14

The location and culture of the environment where the project work will reside. The project environment includes the social, economic, and environmental variables the project must work around or with.

Question 15

Project Management Institute

Answer 15

The organization of project management professionals from around the world, supporting and promoting the careers, values, and concerns of project managers

Question 16

Project Management Office

Answer 16

A central office that oversees all projects within an organization or within a functional department, The PMO supports the project manager through software, training, templates, policies, communication, dispute resolution and other services.

Question 17

Project Management Professional(PMP)

Answer 17

The person who has proven project management experience and has qualified for and then passed the PMP examiniation.

Question 18

Project Portfolio management

Answer 18

The management and selection of projects that support the organizations vision amd mission. It is the balance of project priority, risk reward, and return on investment. This is a senior management process.

Question 19

Subprojects

Answer 19

A smaller project within a larger, parent project. Subprojects are often contracted work whose deliverable allows the larger project to progress.

Question 20

Triple constraints of project management

Answer 20

Also known as the Iron Triangle. This theory posits that time, cost, and scope are the three constraints every project has.